407 - 155 WATER Street
Cambridge, Ontario
- 1 bed
- 1 bath
- Single Family
Welcome to this stylish and well-appointed 1-bedroom, 1-bathroom condo ideally situated near the Grand River and the vibrant, up-and-coming Gaslight District. Featuring stainless steel appliances, an electric fireplace, and a generous balcony perfect for taking in the surrounding views, this unit offers a great balance of modern comfort and everyday functionality. One of the standout features is the underground covered parking spot — a valuable bonus that offers both convenience and year-round protection from the elements. Whether you're a young professional, first-time buyer, or someone looking to downsize, you'll appreciate the easy access to downtown amenities, restaurants, trails, and public transit. This is your chance to enjoy a low-maintenance lifestyle in one of Cambridge’s most exciting and evolving neighbourhoods.
Price History
Schools
Elementary
- St Andrew's Public School0.5 km
Public · Waterloo Region DSB · 335 students
- Central Public School0.7 km
Public · Waterloo Region DSB · 255 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Stewart Avenue Public School1 km
Public · Waterloo Region DSB · 510 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 55% met the provincial standard
Secondary
- Glenview Park Secondary School0.9 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Monsignor Doyle Catholic Secondary School1.8 km
Catholic · Waterloo CDSB · 1115 students
Grade 10 literacy: 92% met the provincial standard
- Southwood Secondary School1.8 km
Public · Waterloo Region DSB · 700 students
Grade 10 literacy: 74% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1R
- Population
- 42,928
- Private dwellings
- 18,081
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $677,400
- Homes sold
- 1,238
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,238 recorded sales of single family properties in Cambridge over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$73,980
Estimated Monthly Payment
$1,817
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,817/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $92/mo
Estimates only. Consult a financial advisor.
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